Archive for the ‘Shanghai’ Category

Chongming link a step closer - Shanghai Daily

Sunday, June 29th, 2008

ANOTHER link in the Yangtze River Tunnel and Bridge project was completed in Shanghai yesterday.

Major engineering work on the tunnel section, from Pudong New Area to Changxing Island, and the bridge section from Changxing to Chongming Island, are now finished.

SOURCE: Shanghai Daily – Chongming link a step closer

12 cruise piers to be built along Huangpu — Shanghai Daily

Monday, June 16th, 2008

THERE will be at least 12 piers for passenger ships along the downtown section of the Huangpu River by 2010, according to a newly released blueprint.

The plans show the locations of the piers.

They also show the city plans to launch sightseeing cruises along the river, as well as ferries.

Read more @ the SOURCE: Shanghai Daily – 12 cruise piers to be built along Huangpu

City orders: Think lean, green — Shanghai Daily

Monday, June 16th, 2008

THE Shanghai government yesterday urged its civil servants to think green in order to save energy.

Municipal officials are encouraged to wear casual attire in summer as well as switch off air-conditioners and lights during noon breaks or when leaving offices, according to a city statement.

The city has also called on government affiliates to save water by updating supply facilities, using rain water and setting up recycling systems.

Low-emission cars and ecologically friendly vehicles should replace luxury sedans for officials’ business use, according to the statement. It urged civil servants to share cars or take public transport whenever possible when they are out on business.

Read more @ the SOURCE: City orders: Think lean, green — Shanghai Daily

Chinese Office Space in the Top 50 most expensive in the world - CBRE

Saturday, May 31st, 2008

According to CB Richard Ellis Group, Inc. (CBRE) Research’s semi-annual Global Market Rents survey two chinese cities is in the Top 50 most expensive cities in the world. 

Hong Kong came in at No. 11 with $USD 126.79/sq. foot/annum or 71.77 Euro/m2/month almost double its mainland cousin of Shanghai Pudong comes in at No.39 at $USD 68.45/sq. foot/annum or 38.75 Euro/m2/month whereas Shanghai(Puxi) comes in at No. 50 $USD 61.26/sq. foot/annum or 34.68 Euro/m2/month.

Hong Kong rents increased in the last 12 months by 29.9%

The Top 10 most expensive cities are
1. London (West End), England
2. Moscow, Russia
3. Tokyo (Inner Central), Japan
4. Mumbai, India
5. Tokyo (Outer Central), Japan
6. London (City), England
7. New Delhi, India
8. Paris, France
9. Singapore
10. Dubai, United Arab Emirate

read more @ the SOURCE: CB Richard Ellis

18-month plan aims to bring back beauty to the Bund - People’s Daily Online

Thursday, May 29th, 2008

The Bund is to be given a facelift to make it more pedestrian-friendly, the city’s urban planning bureau said yesterday.

The 18-month redevelopment plan, which will start at the end of the year, will restore the Bund’s neoclassical landscape by reducing the size of the road and creating more space for parks, walkways and viewing platforms, bureau director Mao Jialiang said.

The amount of space for pedestrians will double, while the road will be narrowed from 10 lanes to four, as it was 15 years ago. The road will be closed to most vehicles, except buses and those picking up or setting down. All through traffic will be redirected underground.

The new-look Bund will also feature more parks and squares for public events, and extra viewing platforms from which tourists will be able to enjoy uninterrupted views of the Huangpu River and its classical skyline, Mao said.

SOURCE: People’s Daily Online – 18-month plan aims to bring back beauty to the Bund

Airport shuttle bus to provide extra travel choice - Shanghai Daily

Friday, May 16th, 2008

THE city will add a new shuttle bus to connect Hongqiao Airport with the nearest Metro station to offer more convenient travel choices for arriving air passengers, the Shanghai Urban Transport Management Bureau officials revealed yesterday.

SOURCE: Shanghai Daily  – Airport shuttle bus to provide extra travel choice 

World’s longest sea-spanning bridge to open in May near Shanghai

Saturday, March 29th, 2008

A 36-km bridge, the world’s longest sea-spanning structure, will open to traffic on May 1, a spokesman for the project headquarters said.

“The main part of the project has been completed and 95 percent of the ancillary works has also been finished,” said Wang Yong, chief commander of the bridge construction project.

The bridge, spanning Hangzhou Bay near Shanghai, will cut the length of road trip from Shanghai to Ningbo, a busy port in east China’s Zhejiang Province, by 120 km.

World’s longest sea-spanning bridge to open in May near Shanghai_

Source: Xinhua News Agency

Jing’an reveals plan for traffic hubs

Tuesday, March 25th, 2008

SHANGHAI’S Jing’an District will have three transport hubs as well as dozens of bus lanes and Metro stations, the city’s urban planning body has revealed.

Three bus hubs will be built at Jing’an Temple, Shimen Road and Caojiadu — three major areas in the smallest district which is at the heart of the city, said the city’s Municipal Planning and Design Research Institute.

Jing’an reveals plan for traffic hubs

Source: Shanghai Daily

Shanghai’s ghost towns

Sunday, March 23rd, 2008

South China Morning Post has a special feature on the New satellite towns that have fresh air and romantic western architecture - but a dearth of residents.

German town and British town on the edge of Shanghai have been completely sold out however there are few people living and working in the towns. This may be due to people not moving in and just speculating on the property values.

Source: SCMP.com – Subscription Only

Doors still open for development

Saturday, March 22nd, 2008

HIGH-QUALITY property developers are always encouraged to raise funds through both initial public offerings or buying into listed companies, also known as back-door listings, to further expand their business, a senior official with China Securities Regulatory Commission has said.

He was clarifying earlier market speculation that regulatory approvals for such IPOs and additional public share sales have been stopped.

Meanwhile, IPO applications by property companies that intend to use the funds raised to buy yet-to-be-developed land will be rejected, and the securities watchdog will also ban IPO fund raising to hoard land and housing, Xi Longsheng, an official at CSRC’s Department of Public Offering Supervision, told a conference in Beijing.

Read more @ Doors still open for development 
Source: Shanghai Daily

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